Baker Development Corporation has begun pre-leasing at its ELEVATE Lincoln Park mixed-use project at 930 W. Altgeld St. It will be the first new construction rental development built in the immediate area in nearly three decades.
Located next to the newly renovated Apollo Theater, ELEVATE Lincoln Park will include a mix of studio, one, two and three-bedroom apartments in 66 different floor plans . Residences range from 464 to 1,430 square feet, with studios starting at $1,795.
“Pre-leasing has been strong, and we look forward to continuing that momentum in the spring,” said Baker Development principal Dan Slack. Aaron Galvin of Luxury Living Chicago Realty, which is marketing the property, said it’s been drawing interest “from people who already live here and others who are looking to relocate.”
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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